Morocco
Morocco's New Car Sales Plummet 19.7% in 2020 Amid Pandemic
The health crisis related to the coronavirus has severely impacted the automotive sector in Morocco . New car sales recorded a sharp decline in 2020.
Topic
Automobile
Morocco
Morocco Exempts Commercial Fleets from Vehicle Tax Amid Pandemic Impact
Heavily impacted by the coronavirus crisis, companies owning vehicles immobilized for a year or more can benefit from a temporary one-year exemption. All vehicles are concerned, except for passenger cars, other than certain 4x4s, minibuses and rental vehicles.
Morocco
Morocco's Auto Sales Plummet 20% in 2023, Dacia Leads Declining Market
The automotive sector experienced a disastrous end of the year with sales down nearly 20%, for a total volume of 133,315 vehicles. In the top 3 of sales are Dacia , Renault and Hyundai.
Morocco
Renault Revives Classic Models at Moroccan Plants to Boost Global Sales
The French manufacturer Renault plans to set the bar very high in 2021 for its Moroccan factories, through the reintroduction of two of its former commercial successes. These are the new "Express Van" and the new "Express".
Morocco
Morocco Extends Vehicle Import Deadline for Expats and Tourists Amid Travel Restrictions
The Customs and Indirect Taxes Administration (ADII) has decided to extend the deadline for temporary admission of vehicles of Moroccans residing abroad (MREs) and foreign tourists registered abroad until June 30, 2021.
Morocco
Morocco's Auto Industry Rebounds After COVID-19 Slump, Still Faces 15-20% Decline
The performance expected in 2020 in the automotive sector was quickly drowned with the arrival of Covid-19. However, the three months following the post-lockdown period made it possible to get back on track, according to Adil Bennani, president of the Association of Automotive Vehicle Importers in Morocco.
Morocco
Casablanca Introduces Contactless Payment for Public Transport Tickets
Casa Transports wants to reduce the process of paying at automatic ticket vending machines. It plans to offer its customers a fairly simple method to pay or recharge their travel pass using their contactless bank card, starting at 6 dhs.
Morocco
Chinese Auto Parts Giant Expands in Morocco with $380 Million Wheel Factory
Specialized in aluminum molding and the production of aluminum automotive parts, the Chinese group Citic Dicastel has just inaugurated its second aluminum wheel production plant. For a total investment of 350 million euros, the plant was inaugurated on Saturday, December 26 in Kenitra.
Morocco
Egypt Urged to Revamp Auto Industry Policy, Following Morocco's Model
In 2019, Egypt removed customs duties on cars imported from the European Union, without changing the customs duties on parts. Dissatisfied, the Japanese automotive group Nissan suggests to Cairo to follow the model of local component production and the tax regime of Morocco.
Morocco
Morocco Unveils First Domestically-Developed EV Charging Station 'iSmart'
Named "iSmart", the first 100% Moroccan intelligent charging station for electric vehicles has been presented this Monday in Rabat. This innovation is the work of Moroccan engineers.
Morocco
Morocco Emerges as Global Automotive Manufacturing Powerhouse, Rivaling China and India
Morocco is on its way to becoming one of the world champions of the automotive industry. Today, the Kingdom is competing with the great powers, said the Minister of Industry, Trade, and Green and Digital Economy, Moulay Hafid Elalamy.
Morocco
Vehicle Tax Deadline Looms: Late Fees Up to 20% for Moroccan Drivers
The final deadline for the payment of vehicle stickers is set for January 31 for passenger vehicle drivers. As of February 1, late payers must pay penalties of up to 15% of the tax price.